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KOTA KINABALU: Prime Minister Tun Dr Mahathir Mohamad’s proposal to sell Petronas stakes in oil-producing states in lieu of royalty payments is misguided, says Sabah DAP secretary Chan Foong Hin
BANGKOK (Reuters): Burmese migrants who were illegally charged excessive recruitment fees to secure jobs at an electronics manufacturer in Thailand are being compensated in a rare award expected to spotlight a practice known to trap workers in modern slavery.
KANGAR: The state government’s debts increased by 2.8% or RM10.99mil to RM403.32mil last year from RM392.33mill in 2017, said Auditor-General Datuk Nik Azman Nik Abdul Majid.
SEOUL: The founder of the defunct Daewoo Group, Kim Woo-choong, has died after watching the conglomerate he built into a symbol of South Korea's manufacturing prowess become one of its biggest corporate failures, crushed by debt.
KUALA LUMPUR: Low-income Malaysians and millennials are piling up debts and risking bankruptcy by turning to banks for loans and credit cards to support their lifestyle choices, says a World Bank Group report.
PETALING JAYA: There seems to be some repositioning of foreign funds in the Malaysian capital market.
Wira Warisan vice-chief hits out at Sabah Umno Youth head for accusing Sabah govt of being pro-illegal immigrant
KOTA KINABALU: Parti Warisan Sabah’s youth wing - Wira Warisan - condemns Sabah Umno Youth for accusing the government as being pro-illegal immigrant with the plan to issue temporary passes to eligible immigrants.
Mamee-Double Decker’s entry into beleaguered Khee San Bhd has ignited investor interest in the latter.
Business news in brief.
AYER KEROH: The National Higher Education Fund Corporation (PTPTN) should be abolished and replaced with a more "holistic and sustainable" policy, says PKR Youth Chief Akmal Nasrullah Md Nasir.